4 Cocararra Court

Tugun QLD 4224

Subdivision development potential, currently minimum block size is 600 m2, the neighbour to the east has a code minimum of 450m2 , why is this significant, when the inevitable reduction to smaller blocks size occurs most other properties/blocks which could have the potential appropriate size could not comply with the current town planning Code Assessment without "demolishing the existing dwelling", eg back block access 4.5mts min. width, with code requirements for grade and area calculations. On enquire happy to provide a draft design drawings of a subdivision layout which is code compliant which also keeps the existing dwelling as is. Information supplied regarding potential subdivision is supplied is in "my opinion" but should be independently confirmed via a town planner or solicitor.
Rental, the property is currently rented for $960 per week with a current lease contracted until August 5th 2024.
The southern end of the Gold Coast "Tugun" has it all but with limited large block opportunities available, land locked east by the Pacific Ocean, south by Coolangatta Airport west by Tugun M1 bypass, blocks this big don't come up often. Tugun's proximity to - Currumbin State School 1.57km, St Augustine's Parish Primary School 2.32km, close to Tugun Beach, close to the Pines Shopping Centre, with local restaurants and coffee shops, quick access to the M1 & John Flynn Hospital is within minutes. This is prime Tugun location. INSPECTION by APPOINMENT ONLY.

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